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KMD Brands controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2020

    COVID-19 wage subsidy controversy

    KMD Brands, then operating as Kathmandu Holdings, received NZ$6.2 million in New Zealand wage subsidies during the COVID-19 downturn. After reporting a NZ$31.5 million profit, management declined to repay the money. The decision was criticized by politicians from both major parties and became part of wider debate about perceived waste and misuse of the wage-subsidy scheme.

    Source